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Business Segment Information
9 Months Ended
Dec. 31, 2011
Business Segment Information [Abstract]  
Business Segment Information

25. Business Segment Information

The Company operates principally in two segments: (1) factory-built housing, which includes manufactured housing, modular housing and retail operations and (2) financial services, which includes finance and insurance. The following table details net sales and income before income taxes by segment (in thousands):

 

      September 30,       September 30,       September 30,       September 30,  
    Three Months Ended
December 31,
    Nine Months Ended
December 31,
 
    2011     2010     2011     2010  
         

Net sales:

                               

Factory-built housing

  $ 104,931     $ 39,612     $ 317,457     $ 133,005  

Financial services

    9,633       —         26,096       —    
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 114,564     $ 39,612     $ 343,553     $ 133,005  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Income before income taxes:

                               

Factory-built housing

  $ 5,115     $ 1,786     $ 7,693     $ 7,250  

Financial services

    2,002       —         5,642       —    

General corporate charges

    (2,333     (1,207     (5,503     (3,330

Gain on bargain purchase

    —         —         22,009       —    
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 4,784     $ 579     $ 29,841     $ 3,920  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

      September 30,       September 30,  
    As of  
    December 31,
2011
    March 31,
2011
 
     

Total assets:

               

Factory-built housing

  $ 227,031     $ 192,866  

Financial services

    165,542       —    

Corporate

    35,430       76,576  
   

 

 

   

 

 

 
    $ 428,003     $ 269,442